Is POET Technologies (POET) the Best Artificial Intelligence Stock Under $50 to Buy Now?

From Yahoo Finance: 2025-05-14 08:42:00

A list of the 13 Best Artificial Intelligence Stocks Under $50 was recently published, including POET Technologies Inc. (NASDAQ: POET). Dan Ives of Wedbush Securities discussed the bullish outlook on AI and tech sectors, predicting continued consolidation and self-regulation due to rapid expansion of AI use cases. He emphasized the impact of China on tech companies and the potential for accelerated AI adoption despite tariffs. POET Technologies Inc. offers photonic integrated packaging solutions for AI and data centers, with a focus on growth in the market. Despite a decline in Q4 2024 revenue, the company projects revenue acceleration in H2 2025. POET recently partnered with Lessengers to offer an 800G DR8 transceiver for AI and data center applications, anticipating sample availability in H2 2025. POET ranks 13th on the list of best AI stocks under $50, with potential for high returns in a shorter time frame.



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